Corporate
Corporate
Success depends on people’s confidence: Experts
Pension Scheme Staff Correspondent: The success of the newly introduced universal pension scheme, aimed at fulfilling constitutional aspirations for a welfare state, hinges on gaining the confidence of millions in the private sector.The government launched the much-talked-about pension scheme on 17 August to provide old-age social protection to millions of…
Read More »Private employees ahead in registration
Universal Pension Scheme Staff Correspondent: While expatriates are at the bottom in terms of enrollment in the Universal Pension Scheme, they are at the top in terms of average contributions per capita. Besides, in terms of registration, the employees of private organizations are in the top place, however, they are…
Read More »India imposes 40pc duty on onion exports
Staff Correspondent: India has announced the imposition of 40 percent duty on the export of onions till December 31, in a move to tame escalating prices in the domestic market.The statement came in an Indian finance ministry notification issued on Saturday, according to media reports.Bangladesh is one of the countries…
Read More »United Airways faces Tk 800 cr liability
Seeking help of BSEC to restart operation Staff Correspondent: With the loan and penalty liabilities of over Tk 800 crore, the United Airways is trying to restart its operation with the support of BSEC.With the huge loan burden of Tk 432 crore and Tk 350 crore penalty of Civil Aviation…
Read More »Financial sector reforms necessary
Dr Ahsan H Mansur: Default loans are not something new when it comes to the country’s banking sector. The problem has persisted ever since Bangladesh’s independence, and attempts have been made on numerous occasions to resolve the issue. Back in the 1990s and in 2001 or 2002, the problem was…
Read More »Seven directors of Banco Securities fined Tk 7 cr
Zarif Mahmud: Seven directors of the main stock market Dhaka Stock Exchange (DSE) brokerage House Banco Securities have been fined Tk 7 crore.The convicted persons are – Banco Securities Chairman Abdul Muhit, MD Samiul Islam, Director Md. Shafiul Azam, Waliul Hasan Chowdhury, Nurul Ishan Sadat, A Munim Chowdhury and Jamil…
Read More »Foreign investment downs Debt repayment ups
Reserve balancing mismatched Rabiul Haque: Due to the dollar crisis, Bangladesh Bank has imposed various restrictive conditions on imports. Due to this, the foreign trade deficit has decreased slightly. However, there is a big deficit in the country’s overall transactions with the outside world.Those concerned said that this situation has…
Read More »BD warned of cyber-attack on 15 August
– Warning issued by CIRT– Bangladesh and Pakistan targeted Staff Correspondent: A group of hackers have threatened a ‘storm’ of cyber-attacks in Bangladeshi cyberspace. The hackers set 15 August as probable date to hit the cyberspace of the country. Bangladesh e-Government Computer Incident Response Team (BGD e-GOVT CIRT) has issued…
Read More »E-commerce scam: Not all customers refunded as yet
Staff Correspondent: Several e-commerce companies have been facing issues regarding refunding their customers’ payments. Some companies have provided partial refunds, while others have not refunded anything at all. Additionally, certain companies lack proper records of their accounts, making it difficult for them to determine how much money they owe their…
Read More »Flat sales down to zero
Unbridled spending on housing5 thousand unsold flats in Dhaka Zarif Mahmud: Ahmed has been living in Sheorapara area of Mirpur, Dhaka for a long time. Wife is a banker. The couple’s long-held dream is to own a residence in the bustling city. With this, the two of them invested in…
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